$BTC 12/15 Daily K-line, half an hour before the market closes: 👇👇
☕ The trend of risk aversion retreating in the last two to three days has led to a downward trend, with short-term weakness but nearing the oversold rebound zone. 1 hour: RSI(14) is slightly oversold, but the price is still below the hourly EMA group => A rebound will occur, but it is likely to encounter resistance.
👀 48-72 hour focus: Pay attention to whether 85.1k-86k and 86.74k (daily Bollinger lower band) can recover. First, look at 88k (near the hourly Bollinger middle band) and then 90k-91.3k (an area of concentrated emotions and short sellers' stop losses). At the same time, observe changes in net inflow to exchanges, ETF flows, and whether OI has increased or leveraged.
Note: The cryptocurrency market is highly volatile, and predictions are not guaranteed to be accurate. The above analysis is for reference only and does not constitute investment advice.
